Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Diggers and Dealers 2002
46 slides from Barrick Mining's conference presentation, Aug 5, 2002
Slide 1: Forward Looking Statement
FORWARD LOOKING STATEMENT Certain statements included herein regarding realized gold prices, gold lease rates and contango constitute "forward looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Such Forward-looking statements involve known a
Slide 2: Barrick: Built to Last
BARRICK BULT TOLAST - a LE i i
Slide 3: Slide 3
Slide 4: A New Generation of Growth Projects
A New Generation of Growth Projects
Slide 5: A New Generation of Growth Projects
A New Generation of Growth Projects BULYANHULU es
Slide 6: A New Generation of Growth Projects
A New Generation of Growth Projects
Slide 7: @ $172 per ounce
@ $172 per ounce BULYANHULY “> KCGM @ 82.3 million ounces
Slide 8: Growth projects map
* Ee Se igeeren TANZANIA ALTO CHICAMA @ Fine 1 PASCUA / 62 9 Vv *. VELADERO CowaL
Slide 9: Premium Gold Sales Program
PREMIUM GOLD SALES PROGRAM @ Over $2 billion in additional revenue @ 58 straight quarters of premium to spot @ Simplify the program
Slide 10: Premium Gold Sales Program
PREMIUM GOLD SALES PROGRAM Bulyanhulu Pierina
Slide 11: Premium Gold Sales Program
PREMIUM GOLD SALES PROGRAM @ $916 million in cash and short-term investments @ Undrawn $1 billion credit facility @ Industry's only A-rated balance sheet @ No net debt
Slide 12: Premium Gold Sales Program
PREMIUM GOLD SALES PROGRAM @ Fund ongoing operations @ Four new mines over the next five years St rong Balance @ Pursue aggressive exploration strategy Sheet
Slide 13: Exploration
EXPLORATION @ Industry exploration spending down 60% over past six years @ Industry can no longer rely on juniors for new development @ Senior producers must expand exploration efforts
Slide 14: Exploration: Near-term organic discovery to reserve development
EXPLORATION @ Near-term organic discovery to reserve development AUSTRALIA TANZANIA ws @ Third-party discoveries
Slide 15: Exploration
EXPLORATION @ Grassroots exploration @ Drill testing AUSTRALIA TANZANIA ws @ Advanced exploration @ Reserve development
Slide 16: Alto Chicama
ALTO CHICAMA ; gw Yanacocha cae Trujill Alto Chicama ALTO CHICAMA 9 lai ber h 4 Lima
Slide 17: Alto Chicama
ALTO CHICAMA aillio, 3.5 ALTO CHICAMA ©
Slide 18: Alto Chicama
ALTO CHICAMA aillio, 7.3 ALTO CHICAMA ©
Slide 19: Alto Chicama: Lagunas Norte Diamond Drill Holes
ALTO CHICAMA Lagunas Norte - Diamond Drill Holes (50-meter radius of influence) te. ALTO CHICAMA © — July 10, 2002 MINERALIZED ~ _- BARREN Yolcanics and Sediments
Slide 20: Alto Chicama: Lagunas Norte extension drill program
ALTO CHICAMA Lagunas Norte (extension and condemnation drill program) ; 5 _ MINERALIZED ALTO CHICAMA"@ © =~ + y Dassie s * BARREN Ls wes : ae “on es EXTENSION/ =" CONDEMNATION AREAS
Slide 21: Pascua / Veladero
PASCUA / VELADERO
Slide 22: Pascua / Veladero
PASCUA / VELADERO 25 4 Fake “elt Dau PASCUA / ars ey VELADERO 4 BARRICK BUILT TO = s = tp
Slide 23: Pascua / Veladero
PASCUA / VELADERO Pascua LAMA PASCUA / |. ot VELADERO di 4 c BARRICK BUILT TOLAST = s = a
Slide 24: Exploration: $52m total budget
EXPLORATION $52m total budget AUSTRALIA TANZANIA {
Slide 25: Exploration: $95m total budget
EXPLORATION $95m total budget AUSTRALIA TANZANIA {
Slide 26: Exploration: Australia
EXPLORATION AUSTRALIA we
Slide 27: Exploration: Australia, Plutonic
EXPLORATION AUSTRALIA PLUTONIC
Slide 28: Exploration: Australia
EXPLORATION AUSTRALIA
Slide 29: Exploration
EXPLORATION
Slide 30: Exploration
EXPLORATION
Slide 31: Significant Change
SIGNIFICANT CHANGE @ Mine Geology Teams responsible for on property / near mine exploration @ Exploration Teams to pursue earlier-stage projects
Slide 32: Tanami Region
TANAMI REGION @ Enhanced program @ Barrick and partners control over 550,000 hectares @ Field program underway in Q2 ee @ Air-core drilling in progress at Bramell Trend
Slide 33: Plutonic
PLUTONIC
Slide 34: Slide 34
Slide 35: Slide 35
Slide 36: Development Pipeline
DEVELOPMENT PIPELINE @ $15 million for Ye exploration @ 20,000 meter drill program began in Q1
Slide 37: Development Pipeline
DEVELOPMENT PIPELINE @ five drills at work @ production estimated 280,000 ounces per year
Slide 38: Slide 38
Slide 39: Commitment to Exploration
COMMITMENT TO EXPLORATION @ Robust exploration pipeline @ Committed management AUSTRALIA TANZANIA { ~~ @ Financial flexibility to fund exploration program
Slide 40: Organic growth profile
@ Organic growth profile
Slide 41: Growth pipeline
Growth pipeline @
Slide 42: Exploration success
Exploration success @
Slide 43: Acquisition opportunities
Acquisition opportunities @
Slide 44: "A" rated balance sheet
@ “A" rated balance sheet
Slide 45: Profitable Growth, Competitive Returns
Profitable Growth 7 Competitive Returns
Slide 46: Barrick: Built to Last
BARRICK BULT TOLAST - a LE i i